KBRA Releases Surveillance Report for Wedbush Financial Services, LLC

On November 17, 2023, KBRA affirmed the issuer and senior unsecured debt ratings of BBB- for Los Angeles, California-based Wedbush Financial Services, LLC (“WFS”). Additionally, KBRA affirmed the issuer rating of BBB for the primary operating subsidiary, Wedbush Securities Inc. (“Wedbush”), which is dually registered as a broker-dealer with the SEC and as a FCM with the CFTC, as well as an SEC-registered RIA, a self-clearing member of NYSE and CME, and a member of FINRA. The Outlook for all ratings is Stable.

To access rating and relevant documents, click here.

Click here to view the report.